DeFi Intel

BlackRock buys $116M in Bitcoin, boosting insti... — DeFi Intel

BlackRock bought $116M in Bitcoin, raising its total holdings to 734,762 BTC, making it the largest institutional holder. The purchase, likely via its iShares Bitcoin Trust ETF, boosted market optimism, with prediction markets increasing the odds of Bitcoin reaching $67,500 or higher by July's end.

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